Senate Republicans tonight killed America, at least in the short term, but as these snowballs have the tendency to do, possibly for a very long term. They played worker-hating political football by refusing to agree to the $14 billion bridge loan finance deal to the auto industry.
ONE ISSUE, just one: a firm date, end of March 2009, to reduce pay for American auto workers to the level of foreign auto companies making cars in America.The unions and management even agreed to reach parity, but not a date certain--not in these times.
I believe the Republicans knew this would be a poison pill--it simply is NOT reasonable to insist on a firm date for something that is not the root cause of the problem to begin with!
This was NOT a bail out--there were many conditions hammered out by both parties, GOP Senator Corker of Tennessee in particular addressing the GOP concerns--and with the exception of a date certain had agreement on EVERY OTHER ISSUE.
The pain and suffering, the further destruction of our economy and market meltdown that will most certainly ensue can be put directly, DIRECTLY in the lap of the Republican party, who once again proved they stand with usurious money lenders, but not middle class workers.
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